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The paper argues that the communication gap between Austrian economics and the rest of the profession could be narrowed if only the Austrians became more mathematized. Benefits as well as costs of mathematization are presented: on the one hand, mathematics is a language which is universal, more...
Persistent link: https://www.econbiz.de/10012973265
The paper contends that neoclassical ideology stems, to a great extent, from mathematical analysis. It is suggested that mainstream economic thought can be comprehensively revisited if both histories of mathematical and economic thought are to be taken collaboratively into account. Ideology is...
Persistent link: https://www.econbiz.de/10012617505
Before the use of mathematics in economics was generalized, mathematical and nonmathematically trained economist lived together. This paper studies this period of cohabitation. By focusing on the communication challenges between these two groups during the 1940s, 1950s, and 1960s, a watershed...
Persistent link: https://www.econbiz.de/10012318587
For more than 30 years, there have been calls to split the Ninth Circuit Court of Appeals into two smaller courts. This essay examines and finds unconvincing, a recent mathematical argument, based on sampling theory, for splitting the court
Persistent link: https://www.econbiz.de/10014216294
During the past 50 years mathematics has provided a unique tool for the rational acquisition of new objective knowledge about war as a social phenomenon. Four discoveries are examined: the hyporeliability effect in deterrence systems aimed at war prevention; the N-crisis problem of war...
Persistent link: https://www.econbiz.de/10014155850
The aim of this paper is to show that Jevons's utilitarianism is to be related to his attempt to build a mathematical theory of economics: the 'felicific calculus' provides the instrument for transforming sensations into quantities. The first section shows that Jevons referred to Bentham's...
Persistent link: https://www.econbiz.de/10014117470